In this review of The Monthly Payouts, I will be telling you everything that you need to know about it, and whether I believe it is a legitimate way to make money online, or if it is a scam that you should completely avoid.
What Is The Monthly Payouts?
First off, I’m just going to go ahead and let you know that it is in fact a SCAM.
It is a website that can be found at www.themonthlypayouts.com and it makes claims that you can easily earn up to $500 a day by simply completing tasks.
They claim that there are no fees, membership fees, or any types of payments to be made.
So what could you possibly lose? Stick around and I’ll let you know.
How They Claim You’ll Earn Money
When you sign up for your account there is only one simple thing that you have to do in order to add money to your account, and that is by getting others to sign up.
$5 will be added to your account every time you get another person to sign up for the membership, then you will earn $2 for every person they get to sign up, then another $1 for every person they get to sign up.
It’s a 3-tier earning system… well actually according to them, it’s a 3 tire earning system.
That is just one of the many spelling and grammatical errors that this website has.
How You’ll Lose Money
Okay, so you don’t pay anything, and you actually see money added in when you get someone to sign up, so what could the problem possibly be?
Well for one, you will never see the money that you have earned by getting others to sign up.
They have a $300 minimum for you to take your money out, this means that you have to get several people to sign up before you can even attempt to get your money.
The problem is that when you try to take out money, they give you a run around. They’ll most likely send you an email with a link that won’t work, or they’ll give you a survey that you need to complete first, but the survey won’t work.
But that’s not the worst part!
When creating your account you have to give them the email address to your PayPal account, this is where a huge problem is introduced.
I don’t know about you guys, but I use the same password for nearly every account that I make. This makes it easier for me to login in to all of the accounts that I have. I’m sure some of you do the same thing.
Well if you gave them your PayPal email address, and created a password to login into your account with The Monthly Payouts, there is a good chance that they have all of the information they need in order to access your PayPal account.
If you made this mistake, I suggest you go change your password as soon as possible, and check your account to make sure nothing has changed.
There are definitely ways to make notably money online, but this is absolutely not one of those ways.
The Monthly Payouts is a poorly put together
Do not waste your time getting others to sign up. You will never see any of the money that you earn throughout your efforts.
Do not give them any of your information, especially your PayPal email address because it will be used against you.
If you are legitimately looking for a way to make money online, I suggest that you read into my #1 recommendation Wealthy Affiliate.
If you have any questions or concerns, let me know in the comments below!